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20120928
20121006
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Search Results 0 to 37 of about 38 (some duplicates have been removed)
minutes mr. president. >> well, jim, i want to thank you and i want to thank governor romney because i think this was a terrific debate and i very much appreciate it. and i want to thank the university of denver. you know, four years ago we were going through a major crisis. and yet my faith and confidence in the american future is undiminished. and the reason is because of its people. because of the woman i met in north carolina who decided at 55 to go back to school because she wanted to inspire her daughter and now has a job from that new training she's gotten. because a company in minnesota who was willing to give up salaries and perks for their executives to make sure they didn't lay off workers during a recession. the auto workers that you meet in toledo or detroit take such pride in building the best cars in the world not just because of a paycheck but because it gives them that sense of pride that they're helping to build america. and so the question now is how do we build on those strengths and everything i've tried to do and everything i'm now proposing for the next four year
. >> romney: you bet. mr. president you are absolutely right with regards to 97% of the businesses are not taxed at the 35% tax rate. they are taxed at a lower rate. but those businesses happen to employee half -- half of all of the people who work in small business. those are the businesses that employ one quarter of all of the businesses in america. i talked to a guy who has a very small business. he is in the electronics business in st. louis. he said he and his son calculated how much they pay in taxes. federal tax, state tax, state income tax, gasoline tax, it added up to well over 50% of what they earned. and your plan is to take the tax rate successful small businesses from 35% to 40%. that will cost jobs. my priority is jobs so what i do is bring down the tax rates, lower deductions and exemptions. create more jobs because there's nothing better for getting us to an balanced budget than having more people working, earning more money paying more taxes, that's by far the more efficient way to get this balanced. >> obama: jim, i would just say this to the amer
in a second term. >> governor romney? >> thank you, jim, and mr. president, thank you for tuning in this evening. this is an important election and i'm concerned about america. i'm concerned about the direction america has been taking over the last four years. i know this is bigger than an election about the two of us, as individuals, it's bigger than our parties. it's an election about the course of america. what kind of america do you want to have for yourself and for your children? and there really are two very different paths that we began speaking about this evening and over the course of this month, we're going to have two more presidential debates and a vice presidential debate and we'll talk about those paths. it's not just looking to our words that you have to take in evidence of where they go. you can look at the record there's no question in my mind that if the president were to be re- re-re-ele re-re-elected, you'll continue to see a middle class squeeze. you'll see chronic unemployment. we've had 43 straight months with unemployment above 8%. if i'm president, i will
to cuts. >> mr. romney has rule out revenue. >> look, the revenue i get is more people working, getting higher pay, paying more taxes. that's how we get growth and balance the budget. the idea of taxing people more, putting more people out of work, you will never get there, you never balance the budget by raising taxes. spain spends 42% of their total economy on government. we're now spending 42% on our economy to government. i don't want to go down the path of spain. i want to put more americans to work. >> mr. president, in order to get the job done, it is going to be balanced? >> if we're serious, we have to take a balanced, responsible approach. by the way, this is not just when it comes to individual taxes, let's talk about corporate taxes. now, i have identified areas where we can right away make a change that i believe would actually help the economy. the oil industry gets 4 billion a year in corporate welfare. basically, deductions that those small businesses that governor romney refers to, they don't get. now, does anybody think that exxonmobil needs some extra money, when they
, please respond directly to what the prrsident reject to what mr. romney just said about the trickle-down approach. >>+ amid talk specifically about what i think we need to do. first, we've got to improve our we have made enormous progress drawing ideas both from democrats and republicans that are already starting to show gains in some of the toughest to deal with students. we have a program called race to the top that has raised standards are around the country. i want to hire 100,000 new math and sciencc teachers and create 2 million more stott -- spots in our community colleges so that people can get trained for the jobs that are out there right now. and i want to make sure that we keep tuition low for our young people. when it comes to our tax code, governor romney and i both agree that our corporate tax rate is too high. i want to lower it, particularly for manufacturing. i also want to close those loopholes that are giving incentives for companies that are shipping jobs overseas. i want to provide tax breaks for companies that are investing here in the united states. on energy,
saw a warm embrace between mrs. romney and mrs. obama. they both met each other at the front of the hall. their hiss, this is the first of three meetings debate style between these candidates. even though voting is under way in 34 states. we'll throw it to the moderator. >> good evening from the magness arena at the university of denver in denver, colorado. i'm jim lehrer of the pbs news hour, and i welcome you to the first of the 2012 presidential debates between president barack obama, the democratic nominee, and former massachusetts governor mitt romney, the republican nominee. this debate and the next three, two presidential, one vice presidential, are sponsored by the commission on presidential debates. tonight's 90 minutes will be about domestic issues and will follow a format designed by the commission. there will be six roughly 15-minute segments with two-minute answers for the first question, then open discussion for the remainder of each segment. thousands of people offered suggestions on segment subjects or questions via the internet and other means, but i made the
. >> mr. president? >> first of all, i think governor romney is going to have a first day. because he's also going to repeal obama care which will not be very popular with democrats as you're sitting down with them. but, look, my philosophy has been i will take ideas from anybody, democrat or republican as long as they're advancing the cause of making middle class families stronger and giving ladders of opportunity to the middle class. that's how we cut taxes from middle class families and small businesses. that's how we cut a trillion dollars of spenting that wasn't advancing that cause. that's how we signed three trade deals into law that are helping us to double our exports and sell more american products around the world. that's how we repeal don't ask, don't tell. that's how we ended the war in iraq and that's how we're going to wind down the war in afghanistan. that's how we went after al qaeda and bin laden. so we've seen progress even under republican control of the house of representatives. but ultimately part of being principled, part of being a leader is being able to descr
of other things, too, but go ahead, sir. romney: you bet. mr. president, you're absolutely right which is with regards to 97 percent of the businesses are not taxed at the 35% tax rate, they're taxed at a lower rate. but those businesses that are in the last 3% of businesses happen to employ half, half of all the people who work in small business. those are the businesses that employ one-quarter of all the businesses in america, and your plan is to take their tax rate from 35 to 40%. i've talked to a guy who has a very small business in st. louis, he has four employees. he said he and his son calculated how much they pay in taxes. federal income tax, federal payroll tax, state income tax, state property tax, gasoline tax, it added up to well over 50% of what they earned. and your plan is to take the tax rate on successful small businesses from 35% to 40%. the national federation of independent businesses has said that will cost 700,000 jobs. i don't want to cost jobs. my priority is jobs. and so what i do is i bring down the tax rates, lower deductions and exemptions, the same idea beh
. vidone it before. i doll it again. >> jim: mr. president? >> first of all, i think governor romney is going doff a busy first day because he will have to repeal obamacare, whichingly not be happy with the democrats as you are sitting down with them. look, my philosophy has been, i will take ideas from anybody -- democrat or republican, as long as they are advancing the cause of making the middle-class families stronger and giving ladders of opportunity to the middle class. that's how we cut taxes for small businesses and families. that's how we cut $dwonr 1 trillion that wasn't advancing that cause. we signed three trade deals into law, helpingitous double our exports and sell more american productsarn the world. that's how we repealed don't ask/don't tell. that's how we end the the war in iraq and that's how we are going to wind down the war in afghanistan. that's how we ended al qaeda and bin laden. we have seen progress in the republican-controlled house of representatives. but ultimately, part of being principled, part of being a leader is being able to describe exactly what yo
, without any question. >> jim: mr. president? >> first of all, i think it's important for governor romney present this plan that he said will only affect folks in the future. and the essence of the plan is that he would turn medicare into a voucher program. it's called premium support. but it's understood to be a voucher program -- >> jim: you don't support that? >> i don't. let me explain why -- >> again, that's for future people. not current retirees. >> if you are 54 or 55, you might want to listen because this will affect you. the idea, which was originally present bide congressman ryan, your runningmate, is that we would give a voucher to seniors and they could go out in the private marketplace and buy their own health insurance. the problem is that because the voucher wouldn't necessarily keep up with health care inflation, it was estimated that this would cost the average senior $6,000 a year n. fairness, what governor romney has now said is that he will maintain traditionally medicare alongside it. but there is still a problem because what happens is those insurance companies are
minutes to start. a coin toss has determined. mr. president, you go first. >> well, thank you very much, jim, for this opportunity. i want to thank governor romney and the university of denver for your hospitality. there are a lot of points i want to make tonight, but the most important one is that 20 years ago i became the luckiest man on earth because michelle obama agreed to marry me. so i just want to wish, sweetie, you, happy anniversary and let you know that a year from now, we will not be celebrating it in front of 40 million people. four years ago, we went through the worst financial crisis since the great depression. millions of jobs were lost, the auto industry was on the brink of collapse. the financial system had frozen up. and because of the resilience and the determination of the american people, we have begun to fight our way back. over the last 30 months, we've seen 5 million jobs in the private sector created. the auto industry has come roaring back. and housing has begun to rise. but we all know that we've still got a lot of work to do. and so the question here tonight
. romney, you elected to go last. you have two minutes, mr. president. >> i want to thank you, and i want to thank gov. romney because this was a terrific debate. i want to thank the university of denver. four years ago we were going through a major crisis. yet, my faith in the american future is undiminished. the reason is because of its people. because of a woman i met in north carolina who decided at 55 to go back to school because she wanted to inspire her daughter and now she has a new job. because of a company in minnesota willing to give up salaries and perks for the executives to make sure they did not lay off workers during a recession. the auto workers that you need in toledo or detroit take such pride in building the best cars in the world not just because of a paycheck, but because it gives them a sense of pride that they are helping to build america. the question now is how do we build on the strengths? everything i have tried to do everything i am proposing for the next four years as far as improving education or developing american energy or making sure we are closing looph
Search Results 0 to 37 of about 38 (some duplicates have been removed)